Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Jain Irrigation Systems Limited ( (IN:JISLJALEQS) ) just unveiled an announcement.
Jain Irrigation Systems Limited announced that CRISIL Ratings Limited has reaffirmed its credit ratings, maintaining a ‘Crisil BBB-/Stable’ for long-term and ‘Crisil A3’ for short-term ratings. Despite a 14% revenue decline in fiscal 2025 due to weak demand and external factors, the company expects double-digit growth in fiscal 2026 driven by strong performance in the Hi-Tech Agri, exports, and solar pump segments. The company is also managing its debt effectively, with a sustainable debt to operating profit ratio expected to remain stable, and plans to complete sustainable term debt repayment by the end of fiscal 2026.
More about Jain Irrigation Systems Limited
Jain Irrigation Systems Limited is a leading company in the Micro Irrigation Systems (MIS) industry, with a long track record of operations and an extensive dealer network. The company primarily focuses on the agriculture sector, providing solutions like Hi-Tech Agri and solar pumps, and is significantly influenced by government budget allocations for this sector.
Average Trading Volume: 381,412
Technical Sentiment Signal: Sell
Current Market Cap: 35.72B INR
See more insights into JISLJALEQS stock on TipRanks’ Stock Analysis page.